Symantec scores comfortable gains - Analysis - 23-08-2017

Symantec's stock (SYMC) closed higher in the intraday levels, scoring a handsome profit of 2.20% in the last session,or 0.62 points, amid positive signals from relative power indicators, countered by negative pressure from the 50-day SMA, while the stock gets hurt by piercing the main upward trend in the medium term as shown in the attached chart. 

Therefore we expect the stock to return lower, especially if it settled back below 28.22, targeting the support of 25.72.